At The Portland, residences transcend the traditional definition of affordable housing, delivering uncompromising elegance at an affordable price. Designed in a contemporary style, the property offers the most sought-after features and amenities. The Portland has been meticulously designed to surpass even the most paramount expectations. The Portland is constructed with numerous eco-friendly practices and sustainable building materials, which will create lower utility costs, improve the indoor air quality and overall quality of the life for the residents. Call or stop by today to find out about making The Portland your new home!
|One Bedroom Type A1 (1/1)||543||Call for Price|
|One Bedroom Type A2 (1/1)||543||Call for Price|
|Two Bedroom Type B1 (2/1)||711||Call for Price|
|Two Bedroom Type B2 (2/1)||723||Call for Price|
|Two Bedroom Type B3 (2/1)||733||Call for Price|
|Two Bedroom Type B4 (2/1)||796||Call for Price|
|Three Bedroom Type C1 (3/2)||885||Call for Price|
|Three Bedroom Type C2 (3/2)||904||Call for Price|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Saint Petersburg but actual income limits may differ for units at The Portland Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$25,850||$29,550||$33,250||$36,900||$39,900||$42,850||$45,800||$48,750|
|Low Income (60%)||$31,020||$35,460||$39,900||$44,280||$47,880||$51,420||$54,960||$58,500|
The Portland Apartments is managed by Royal American Management.